Forecasting The Future: 7 Analyst Projections For Carlyle Group
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Carlyle Group (NASDAQ:CG) with 7 analysts offering their perspectives in the past three months. The average 12-month price target is $40.29, down from $41.60. Carlyle Group, a large alternative-asset manager with $382.3 billion in AUM, has seen a revenue decline of -22.91% and faces challenges in profitability and debt management. Analysts' ratings and price targets have been adjusted, reflecting their views on the company's performance and market conditions.
January 04, 2024 | 9:00 pm
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Carlyle Group has received mixed reviews from analysts, with a decreased average price target of $40.29. The company is grappling with a significant revenue decline and challenges in profitability and debt management.
The mixed analyst ratings, along with a decrease in the average price target, suggest a bearish outlook for Carlyle Group in the short term. The reported revenue decline and challenges in profitability and debt management are likely to negatively impact investor sentiment and the stock price.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100